Economics

Battle against inflation not over yet: RBNZ

Central bank keeps the official cash rate steady at 5.5%, as widely expected, rate cuts later in 2024.

Jonathan Mitchell Wed, 16 Aug 2023

Economics

Credit rating agency says New Zealand economy remains resilient

Moody’s expects continuation of fiscal discipline.

Brent Edwards Thu, 03 Aug 2023

Economics

Unemployment, wages head in RBNZ’s desired direction

Unemployment rose a touch above expectations in the June quarter, inflation the big unknown.

Jonathan Mitchell Thu, 03 Aug 2023

Economics

Unemployment rises to 3.6%

Slightly higher than expected, while wage inflation remains elevated.

Jonathan Mitchell Wed, 02 Aug 2023

Economics

RBA holds rates for a second consecutive month

But Governor Philip Lowe says further hikes may be needed to cool inflation pressures.

Jonathan Mitchell Tue, 01 Aug 2023

Economics

Pressure still bubbling under inflation

Underlying stickiness could result in need to raise OCR again to cool inflation.

Jonathan Mitchell Thu, 20 Jul 2023

Economics

Inflation hits the 'six' mark

Food prices the biggest driver of annual inflation, which eased to 6% in the year to June, according to Stats NZ data.

Jonathan Mitchell Wed, 19 Jul 2023

Economics

OCR won’t be easing any time soon

RBNZ left OCR unchanged for first time in 21 months, but some economists still pencil in more hikes.

Nicholas Pointon Thu, 13 Jul 2023

Economics

Reserve Bank pauses interest hikes for first time in 21 months

OCR remains unchanged at 5.5%, with Monetary Policy Committee saying recent economic indicators suggest near-term growth likely to remain weak.

Nicholas Pointon Wed, 12 Jul 2023

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